Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 83 contracts
Sources: Guarantee Agreement (Goldman Sachs Capital III), Guarantee Agreement (KeyCorp Capital VIII), Guarantee Agreement (Gainsco Inc)
Events of Default; Waiver. The Holders of at least a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the HoldersHolders of all the Capital Securities, waive any past default or Event of Default and its consequences. Upon such waiver, any such default or Event of Default shall cease to exist, and any default or Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 61 contracts
Sources: Guarantee Agreement (First Merchants Corp), Guarantee Agreement (Superior Bancorp), Guarantee Agreement (Popular Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of the HoldersHolders of all of the Capital Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementCapital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 54 contracts
Sources: Capital Securities Guarantee Agreement (Air T Inc), Capital Securities Guarantee Agreement (Air T Funding), Capital Securities Guarantee Agreement (Air T Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation preference of the Capital Preferred Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 44 contracts
Sources: Guarantee Agreement (Lincoln National Corp), Guarantee Agreement (Lincoln National Corp), Guarantee Agreement (Lincoln National Corp)
Events of Default; Waiver. The Holders of a Majority in aggregate Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 43 contracts
Sources: Guarantee Agreement (Susquehanna Bancshares Inc), Guarantee Agreement (Susquehanna Capital IV), Guarantee Agreement (TCF Capital I)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Preferred Securities may, by vote, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementPreferred Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 24 contracts
Sources: Preferred Securities Guarantee Agreement (MetLife Capital Trust V), Preferred Securities Guarantee Agreement (Illinois Power Co), Preferred Securities Guarantee Agreement (Cccisg Capital Trust)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount Preference of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 20 contracts
Sources: Guarantee Agreement (Boise Cascade Corp), Merger Agreement (Capital Senior Living Corp), Guarantee Agreement (Newfield Exploration Co /De/)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 15 contracts
Sources: Guarantee Agreement (North Fork Bancorporation Inc), Guarantee Agreement (Hl&p Capital Trust I), Guarantee Agreement (Guaranty Capital Trust I)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of the HoldersHolders of all of the Capital Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementCapital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 13 contracts
Sources: Capital Securities Guarantee Agreement (Bank of America Corp /De/), Capital Securities Guarantee Agreement (Bank of America Corp /De/), Capital Securities Guarantee Agreement (Bank of America Corp /De/)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Preferred Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 12 contracts
Sources: Guarantee Agreement (Cna Financial Corp), Guarantee Agreement (Pseg Power Capital Trust V), Guarantee Agreement (Fresenius Medical Care Corp)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementCapital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 12 contracts
Sources: Capital Securities Guarantee Agreement (Sovereign Bancorp Inc), Capital Securities Guarantee Agreement (Sovereign Bancorp Inc), Capital Securities Guarantee Agreement (Sovereign Capital Trust V)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Trust Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 11 contracts
Sources: Guarantee Agreement (Goldman Sachs Group Inc), Guarantee Agreement (Goldman Sachs Group Inc), Guarantee Agreement (Murray Street Investment Trust I)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Series A Capital Securities may, by vote, on behalf of all the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementSeries A Capital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 10 contracts
Sources: Series a Capital Securities Guarantee Agreement (Safeco Corp), Series a Capital Securities Guarantee Agreement (Agl Resources Inc), Capital Securities Guarantee Agreement (Hubco Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Series B Capital Securities may, by vote, on behalf of all the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementSeries B Capital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 8 contracts
Sources: Capital Securities Guarantee Agreement (Hubco Inc), Capital Securities Guarantee Agreement (Amcore Capital Trust I), Capital Securities Guarantee Agreement (Unb Capital Trust I)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of all of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 8 contracts
Sources: Guarantee Agreement (Gulf Power Capital Trust Ii), Exchange Capital Securities Guarantee Agreement (Southern Co Capital Trust Ii), Capital Securities Guarantee Agreement (Southern Co Capital Trust I)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Preferred Securities may, by vote, on behalf of all of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been curedcured and not to have existed, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 7 contracts
Sources: Guarantee Agreement (Duke Energy Capital Trust Iii), Guarantee Agreement (Duke Capital Financing Trust Vi), Guarantee Agreement (Duke Capital Financing Trust V)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Series B Capital Securities may, by vote, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementSeries B Capital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 7 contracts
Sources: Guarantee Agreement (Ml Capital Trust I), Capital Securities Guarantee Agreement (Patriot Capital Trust I), Series B Capital Securities Guarantee Agreement (Webster Capital Trust Ii)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount Preference of the Capital Trust Preferred Securities may, by vote, on behalf of the Holdersholders of Debentures, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementTrust Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 6 contracts
Sources: Trust Guarantee Agreement (Hawaiian Electric Co Inc), Trust Guarantee Agreement (Maui Electric Co LTD), Trust Guarantee Agreement (Heco Capital Trust Ii)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Trust Preferred Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 6 contracts
Sources: Guarantee Agreement (Fib Capital Trust), Trust Preferred Securities Guarantee Agreement (GW Capital Trust II), Guarantee Agreement (WSFS Financial Corp)
Events of Default; Waiver. The Holders of a Majority in ------------------------- Liquidation Amount of the Capital Preferred Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 6 contracts
Sources: Guarantee Agreement (Sempra Energy Global Enterprises), Guarantee Agreement (Sempra Energy Global Enterprises), Guarantee Agreement (Eix Trust Iii)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Series A Capital Securities may, by vote, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementSeries A Capital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 5 contracts
Sources: Series a Capital Securities Guarantee Agreement (First Keystone Financial Inc), Capital Securities Guarantee Agreement (M&t Bank Corp), Capital Securities Guarantee Agreement (Eagle Financial Corp)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Convertible Preferred Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 5 contracts
Sources: Guarantee Agreement (Enpro Industries Inc), Guarantee Agreement (Enpro Industries Inc), Guarantee Agreement (Goodrich B F Co)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past default or Event of Default and its consequences. Upon such waiver, any such default or Event of Default shall cease to exist, and any default or Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 5 contracts
Sources: Guarantee Agreement (HPT Capital Trust I), Guarantee Agreement (SNH Nebraska Inc), Guarantee Agreement (Senior Housing Properties Trust)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Series B Capital Securities may, by vote, on behalf of the HoldersHolders of all of the Series B Capital Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementSeries B Capital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 5 contracts
Sources: Capital Securities Guarantee Agreement (First Midwest Bancorp Inc), Capital Securities Guarantee Agreement (Markel Corp), Series B Capital Securities Guarantee Agreement (Firstar Capital Trust I)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the HoldersHolders of all of the Capital Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementCapital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 4 contracts
Sources: Capital Securities Guarantee Agreement (Orion Capital Corp), Capital Securities Guarantee Agreement (Wachovia Capital Trust Iv), Capital Securities Guarantee Agreement (Wachovia Capital Trust Viii)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Preferred Securities may, by vote, on behalf of all the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 4 contracts
Sources: Guarantee Agreement (Easy Gardener Products LTD), Guarantee Agreement (Us Home & Garden Trust I), Guarantee Agreement (Us Home & Garden Trust I)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementCapital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 4 contracts
Sources: Capital Securities Guarantee Agreement (Downey Financial Capital Trust I), Capital Securities Guarantee Agreement (Downey Financial Capital Trust Iii), Capital Securities Guarantee Agreement (Downey Financial Corp)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Preferred Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 4 contracts
Sources: Guarantee Agreement (HMB Capital Trust III), Guarantee Agreement (SCBT Financial Corp), Guarantee Agreement (Centerstate Banks of Florida Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by votevoting or consenting as a class, on behalf of the HoldersHolders of all of the Capital Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementCapital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 4 contracts
Sources: Capital Securities Guarantee Agreement (Marshall & Ilsley Corp/Wi/), Capital Securities Guarantee Agreement (Union Planters Corp), Capital Securities Guarantee Agreement (Transamerica Capital Iii)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementGuarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 4 contracts
Sources: Guarantee Agreement (Kaufman & Broad Home Corp), Guarantee Agreement (Ingersoll Rand Co), Guarantee Agreement (PCHC Finance I)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount Preference of the Capital Securities may, by vote, on behalf of the HoldersHolders of all Preferred Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 4 contracts
Sources: Guarantee Agreement (Superior Trust I), Guarantee Agreement (Superior Trust I), Guarantee Agreement (Superior Trust I)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of the HoldersHolders of all of the Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementSecurities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 4 contracts
Sources: Securities Guarantee Agreement (Washington Water Power Capital Iii), Securities Guarantee Agreement (Washington Water Power Capital Iii), Securities Guarantee Agreement (Washington Water Power Co)
Events of Default; Waiver. The Holders of a Majority in Aggregate Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 3 contracts
Sources: Guarantee Agreement (Telebanc Capital Trust Ii), Guarantee Agreement (CNB Capital Trust I), Guarantee Agreement (Txi Capital Trust I)
Events of Default; Waiver. The Holders of a Majority majority in Liquidation Amount liquidation amount of the Capital Outstanding Preferred Securities may, by vote, on behalf of all of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 3 contracts
Sources: Guarantee Agreement (Atlantic City Electric Co), Guarantee Agreement (Atlantic Capital Ii), Guarantee Agreement (Delmarva Power & Light Co /De/)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the HoldersHolders of all of the Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no Guarantee. No such waiver shall extend to any subsequent Event of Default or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 3 contracts
Sources: Guarantee Agreement (Nipsco Capital Trust I), Guarantee Agreement (Ucu Capital Trust I), Guarantee Agreement (Ucu Capital Trust I)
Events of Default; Waiver. The Holders of a Majority in ------------------------- Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 3 contracts
Sources: Guarantee Agreement (Sempra Energy Capital Trust I), Guarantee Agreement (Commonwealth Bankshares Inc), Guarantee Agreement (Commonwealth Bankshares Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Preferred Securities may, may by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 3 contracts
Sources: Guarantee Agreement (Onb Capital Trust Iv), Guarantee Agreement (Onb Capital Trust Vi), Guarantee Agreement (HCC Capital Trust Ii)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Preferred Trust Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 3 contracts
Sources: Guarantee Agreement (Southwest Gas Corp), Guarantee Agreement (Southwest Gas Corp), Preferred Trust Securities Guarantee Agreement (Public Service Enterprise Group Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Preferred Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event event of Default or impair any right consequent therefrom.
Appears in 3 contracts
Sources: Guarantee Agreement (Pse&g Capital Trust Iii), Guarantee Agreement (Pse&g Capital Trust Iii), Guarantee Agreement (Pse&g Capital Trust Iii)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of all of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 3 contracts
Sources: Guarantee Agreement (Texas Utilities Co /Tx/), Guarantee Agreement (Texas Utilities Electric Co), Guarantee Agreement (Texas Utilities Electric Co)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 3 contracts
Sources: Guarantee Agreement (United Community Capital Trust), Guarantee Agreement (City Holding Capital Trust Ii), Guarantee Agreement (City Holding Capital Trust)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom there from shall be deemed to have been cured, for every purpose of this Guarantee AgreementGuarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 2 contracts
Sources: Guarantee Agreement (Washington Mutual Capital Trust 2001), Guarantee Agreement (Indymac Bancorp Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Preferred Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 2 contracts
Sources: Guarantee Agreement (Vib Corp), Guarantee Agreement (Bnccorp Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation Principal Amount of the Capital Debt Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 2 contracts
Sources: Senior Guarantee Agreement (Adelphia Communications Corp), Subordinated Guarantee Agreement (Adelphia Communications Corp)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Common Securities may, by vote, on behalf of the HoldersHolders of all of the Common Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 2 contracts
Sources: Common Securities Guarantee Agreement (Bergen Brunswig Corp), Common Securities Guarantee Agreement (Bergen Brunswig Corp)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Trust Preferred Securities may, by vote, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementTrust Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 2 contracts
Sources: Guarantee Agreement (Boston Private Financial Holdings Inc), Guarantee Agreement (Commerce Capital Trust Ii)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Exchange Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 2 contracts
Sources: Exchange Guarantee Agreement (Symons International Group Inc), Exchange Guarantee Agreement (Superior National Insurance Group Inc)
Events of Default; Waiver. The Holders Holder of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 2 contracts
Sources: Capital Securities Guarantee Agreement (Crestar Financial Corp), Capital Securities Guarantee Agreement (Suntrust Banks Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Trust Preferred Securities may, by vote, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementTrust Preferred Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 2 contracts
Sources: Trust Preferred Securities Guarantee Agreement (Independent Capital Trust I), Trust Preferred Securities Guarantee Agreement (Coastal Bancorp Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation preference of the Capital Preferred Securities may, by vote, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 2 contracts
Sources: Preferred Securities Guarantee Agreement (MRM Capital Trust Iii), Preferred Securities Guarantee Agreement (MRM Capital Trust Iii)
Events of Default; Waiver. The Holders of at least a Majority in aggregate Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 2 contracts
Sources: Guarantee Agreement (Pennsylvania Power & Light Co /Pa), Guarantee Agreement (Pennsylvania Power & Light Co /Pa)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Preferred Securities may, by vote, on behalf of the HoldersHolders of all of the Preferred Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.this
Appears in 2 contracts
Sources: Preferred Securities Guarantee Agreement (Phillips Petroleum Co), Preferred Securities Guarantee Agreement (Phillips Petroleum Co)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of the HoldersHolders of all of the Capital Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 2 contracts
Sources: Capital Securities Guarantee Agreement (Great Western Financial Trust Iii), Capital Securities Guarantee Agreement (Great Western Financial Corp)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Trust Preferred Securities may, by votevote or written consent, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementTrust Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 2 contracts
Sources: Guarantee Agreement (Affiliated Managers Group Inc), Guarantee Agreement (Affiliated Managers Group Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of the HoldersHolders of all of the Capital Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Indenture (Land O Lakes Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount ------------------------- liquidation amount of the Capital Securities may, by vote, on behalf of the HoldersHolders of all of the Capital Securities, waive any past default or Event of Default and its consequences. Upon such waiver, any such default or Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Guarantee Agreement (PMC Capital I)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of the HoldersHolders of all of the Capital Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementGuarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount Preference of the Capital Securities may, by vote, on behalf of all the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 1 contract
Sources: Guarantee Agreement (Pioneer Standard Electronics Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Series Capital Securities may, by vote, on behalf of all the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementSeries B Capital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Capital Securities Guarantee Agreement (Yardville Capital Trust Ii)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of the HoldersHolders of all of the Capital Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementCapital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.any
Appears in 1 contract
Sources: Capital Securities Guarantee Agreement (MCN Financing Iv)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Series A Capital Securities may, by vote, on behalf of all of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementSeries A Capital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Capital Securities Guarantee Agreement (Albank Capital Trust I)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Series A Capital Securities may, by vote, on behalf of all the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementSeries A Capital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Capital Securities Guarantee Agreement (Comed Financing Ii)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation preference of the Capital Securities may, by vote, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Events of Default; Waiver. The Holders of a Majority in aggregate Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default default and its consequences. Upon such waiver, any such Event of Default default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 1 contract
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereto.
Appears in 1 contract
Sources: Capital Securities Guarantee Agreement (Dominion Resources Inc /Va/)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of all of the Holders, waive any past Event of Default and its consequencescosequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementPreferred Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Preferred Securities Guarantee Agreement (Ohio Edison Financing Trust Ii)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of all the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementCapital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Capital Securities Guarantee Agreement (New York Bancorp Capital Trust)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of all the Holders, waive by vote any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementCapital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Capital Securities Guarantee (K N Capital Trust One)
Events of Default; Waiver. The Holders holders of a Majority in Liquidation Amount liquidation preference of the Capital Preferred Securities may, by vote, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Junior Subordinated Debt Securities Guarantee Agreement (Partnerre LTD)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Preferred Securities may, by vote, on behalf of all the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementPreferred Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Preferred Securities Guarantee Agreement (Breed Technologies Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation ------------------------- Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereto.
Appears in 1 contract
Sources: Capital Securities Guarantee Agreement (Dominion Resources Inc /Va/)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any such Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 1 contract
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequencesconsequences except with respect to a default in payment of any Guarantee Payments. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 1 contract
Sources: Trust Agreement (Usf&g Corp)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Series A Capital Securities may, by vote, on behalf of all the Holders, waive by vote any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementSeries A Capital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Series a Capital Securities Guarantee (K N Capital Trust One)
Events of Default; Waiver. The Holders of a Majority majority in aggregate Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default default and its consequences. Upon such waiver, any such Event of Default default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 1 contract
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Series B Capital Securities may, by vote, on behalf of all of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementSeries B Capital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Series B Capital Securities Guarantee Agreement (Albank Capital Trust I)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Series B Capital Securities may, by vote, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementSeries B Capital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereto.
Appears in 1 contract
Sources: Series B Capital Securities Guarantee Agreement (Premier Bancorp Inc /Pa/)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Series B Capital Securities may, by vote, on behalf of all the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementSeries B Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 1 contract
Events of Default; Waiver. The Holders of a Majority -------------------------- in Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 1 contract
Sources: Guarantee Agreement (Central Fidelity Capital Trust I)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of the HoldersHolders of all of the Capital Securities, waive any past Guarantee Event of Default and its consequences. Upon such waiver, any such Guarantee Event of Default shall cease to exist, and any Guarantee Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementCapital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Guarantee Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Capital Securities Guarantee Agreement (Bay View Capital I)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Trust Capital Securities may, by vote, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementTrust Capital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Trust Capital Securities Guarantee Agreement (Commerce Bancorp Inc /Nj/)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation preference of the Capital Preferred Securities may, by vote, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementGuarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Preferred Securities Guarantee (Pd Capital Trust Ii)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Exchange Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementExchange Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 1 contract
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Preferred Securities may, by vote, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 1 contract
Sources: Guarantee Agreement (Superior National Insurance Group Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of all the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementSeries B Capital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Series B Capital Securities Guarantee Agreement (Comed Financing Ii)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the HoldersHolders of all of the Capital Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementCapital Secu rities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Capital Securities Guarantee Agreement (International Paper Co /New/)
Events of Default; Waiver. The Holders of a Majority ------------------------- in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of the HoldersHolders of all of the Capital Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementCapital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 1 contract
Sources: Capital Securities Guarantee Agreement (Nationwide Financial Services Capital Trust)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Exchange Capital Securities may, by vote, on behalf of the Holdersholders of all of the Exchange Capital Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementExchange Capital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Exchange Capital Securities Guarantee Agreement (Trenwick Capital Trust I)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any such Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementExchange Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 1 contract
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Preferred Securities may, by vote, on behalf of all of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 1 contract
Sources: Guarantee Agreement (Radian Group Capital Trust II)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementGuarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of the HoldersHolders of all of the Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementSecurities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Capital Securities Guarantee Agreement (Webster Capital Trust Vi)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past default or Event of Default and its consequences. Upon such waiver, any such default or Event of Default shall cease to exist, and any default or Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 1 contract
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of all the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementCapital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Capital Securities Guarantee Agreement (First Midwest Bancorp Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Preferred Securities may, by vote, on behalf of the HoldersHolders of all of the Preferred Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.,
Appears in 1 contract
Sources: Preferred Securities Guarantee Agreement (Hercules Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementExchange Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 1 contract
Sources: Exchange Guarantee Agreement (North Fork Capital Trust I)
Events of Default; Waiver. The Holders holders of a Majority in Liquidation Amount liquidation preference of the Capital Preferred Securities may, by vote, on behalf of the all Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Guarantee Agreement (Partnerre LTD)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Capital Securities may, by vote, on behalf of the HoldersHolders of all of the Capital Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementCapital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Series a Capital Securities Guarantee Agreement (Interpool Inc)
Events of Default; Waiver. The Holders of a Majority in Liquidation Amount liquidation amount of the Series A Capital Securities may, by vote, on behalf of the Holdersall Hold- ers, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee AgreementSeries A Capital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefromthereon.
Appears in 1 contract
Sources: Series a Capital Securities Guarantee Agreement (Webster Capital Trust Ii)
Events of Default; Waiver. The Holders of a Majority in ------------------------- Liquidation Amount of the Capital Securities may, by vote, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.
Appears in 1 contract